The daily chart below indicates Nvidia could be heading for a retest of a former breakout level, near a cup-base pivot at the round $150 mark. That level proved formidable in both November and January,

The arrangement crafted by the Trump administration is “unusual,” analysts told CNBC, but underscores the president's transactional nature.

Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, President Donald Trump confirmed at a press conference on Monday.